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August 14, 2024
School of Management- MMA Student Chapter in association with MMA Chennai organised Expert Lecture on Gig Economy- Opportunities and Challenges by Dr.S.Jayachandran, Vice President , Marutham Group on 13/08/2024.The Guest highlighted the challenges of a Gig economy , he said that the gig economy is expanding and insisted the need for circular economy, where in the resources will be utilised to the maximum extent without wastage of resources. Dr. Jaychandran, said that, gig economy presents a complex mix of opportunities and challenges, he said that, while it offers unprecedented flexibility and access to income-generating opportunities, it also raises significant concerns about worker protections, income stability, and the broader socioeconomic impact. He also insisted the need for addressing these challenges through thoughtful policy and strategic investments, and said that stakeholders should help ensure that the gig economy contributes positively to economic growth and worker well-being in both developed and developing economies. The speaker said that the Gig sector in India will contribute to 1.25% to GDP by mid 2025 & by the year 2030 gig work force will reach 23.5 million by 2030. The session was educative and interactive.